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PM: Bahamas must avoid ‘pitfalls of past’ over FATF
The Bahamas must “avoid stumbling into the pitfalls of the past” by upholding regulatory standards to maintain its perfect rating on anti-financial crime compliance, the Prime Minister says.
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Dealers: Used car sales up 30% with ‘level playing field’
AUTO dealers yesterday argued they could increase their used car sales by up to 30 percent if the authorities enforce a competitive ‘level playing field’ with roadside vendor rivals.
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PI resort, development escape tax debt sell-off
A Paradise Island resort and Long Island investment project are among those that have escaped being sold-off by the Government through settling their alleged real property tax delinquency.
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Two men charged in Saunders murder case
TWO men were remanded in custody yesterday accused of murdering former FNM MP Donald Saunders during a bar robbery last month.
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Davis says details on BPL transformative deal to come when ‘all the ducks in a row’
PRIME Minister Philip “Brave” Davis said the government will reveal more details about a deal to transform Bahamas Power and Light (BPL) when it has “all the ducks in a row”.
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Govt ‘working to clog gun loopholes’
PRIME Minister Philip “Brave” Davis said the United States of America has made headway toward decreasing the illegal trafficking of firearms to The Bahamas.
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Football great, actor, and accused murderer OJ Simpson dead at 76
OJ SIMPSON, who has died aged 76, was a football star who went on to become an actor – but who was then the centre of the “trial of the century” for the murder of his wife and her friend in 1994.
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Disclosure chair would not say who filed
WEEKS after the deadline passed for parliamentarians to make their annual financial disclosures, Public Disclosure Commission chairman Bishop Victor Cooper still could not say yesterday how many completed their filings.
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Bahamian group teams for growth in agriculture
A regional agriculture body has teamed with the Agricultural Development Organisation (ADO) of The Bahamas to promote the industry’s sustainable development in this nation.
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Contractor chief challenges ‘short sighted’ stadium deal
THE Bahamian Contractors Association’s (BCA) president yesterday argued it was “short-sighted” not to ensure the national stadium’s overhaul involves skills and knowledge transfer by the Chinese.
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PI hotel project’s 100 ‘permanent’ job pledge
A development that aims to be Paradise Island’s “first new hotel for many years” yesterday said its project will create 100 permanent jobs and a similar number of construction posts.
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COP: murders up 27 percent over last year
POLICE Commissioner Clayton Fernander provided statistics yesterday showing murders are up 27 percent, while armed robberies have declined by 43 percent.
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Royal Caribbean to start PI site clearance
Royal Caribbean yesterday confirmed it is “right at the cusp” and aiming to begin site clearance for its $100m Paradise Island beach club this week with a Heads of Agreement signing “very close”.
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Gov’t ‘100% locked in’ to growing agriculture
The Prime Minister says agriculture holds “vast untapped potential” with The Bahamas’ annual $1bn food import presenting “million dollar opportunities” for local farmers to exploit.
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PM dismisses fears GBPA battle will ruin investment
The Prime Minister yesterday dismissed concerns that the escalating battle with the Grand Bahama Port Authority (GBPA) over the Government’s $357m payment demand will ruin investor confidence.
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PM on public disclosures: 'I made my deadline'
PRIME Minister Philip “Brave” Davis was tightlipped today over whether members of the governing party filed their public disclosures on or before the March 1 deadline as mandated under the Public Disclosure Act.
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African bank eyes $700m investment in Caribbean
The African Export-Import Bank (Afreximbank) is eyeing a $700m investment in the Caribbean as it prepares for its annual general meeting (AGM) that will be held in The Bahamas this June.
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BAMSI crops badly hit by Andros fire
THE Bahamas Agriculture and Marine Science Institute (BAMSI) said 75 per cent of its mangoes, 40 per cent of livestock pastures and 30 bee hives were destroyed when a fire ripped through forests this month.
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FNM claims govt broke law on finance
THE Opposition’s finance spokesman yesterday challenged whether the Government may have violated public finance laws by drawing on $133m from its “sinking funds” to pay debts coming due.
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Bahamas' financial services sector 'world class' ahead of FATF assessment
PRIME Minister Philip Davis trumpeted The Bahamas’ “world-class” financial services sector as the country prepares for another mutual evaluation assessment by the Financial Action Task Force (FATF) “on the horizon”.
